Manheim Auctions recently opened the doors of a brand-new facility in Las Vegas, marking the beginning of a new era for Manheim’s Greater Las Vegas Auto Auction.

Located at 3225 South Hollywood Blvd., the Greater Las Vegas Auto Auction has grown from a 10-acre location to a more spacious 42-acre site, an expansion that will allow the auction to more than double its current business, according to Manheim.

With the addition of an extra lane, the new facility now has six lanes that allow nearly 1,000 units to run per sale, with the capacity to run much more. The dealer parking area has expanded from a quarter-acre lot to four acres. With only a portion of the land currently utilized, the new Greater Las Vegas Auto Auction plans to expand the facility with more lanes and dealer parking and amenities such as a reconditioning facility in the future, according to Greg Lawson, general manager of Greater Las Vegas Auto Auction.

“We are excited about the new challenges a bigger, better facility brings,” Lawson said. “Our new auction will make it possible for us to meet the strong dealer demand for quality used vehicles in this region.”

To celebrate the grand opening, employees from the Greater Las Vegas Auto Auction held a black-tie event showcasing the top-notch facility. With more than 500 guests in attendance, Manheim christened the new facility with champagne, dinner, strolling magicians and guided tours of the facility to entertain the evening’s guests.

The following day, the auction ran a successful commemorative sale at the new location.

“We experienced a record-breaking sale as 380 dealers bought 61 percent of the 974 registered vehicles,” said Lawson.

About Manheim Auctions

Manheim Auctions has been involved in the wholesale automobile auction industry for more than 55 years. With 86 auction locations in North America, as well as operations in Puerto Rico, France, the United Kingdom and Australia, the company helps dealers succeed and assists auto manufacturers, fleet and lease companies, banks, and other financial institutions to sell their used-car inventories efficiently and effectively.

The company also offers transaction, reconditioning and certification services, managed remarketing, end-of-lease term management services, vehicle transportation, dealer floor planning, retail inspection, and government auction services.

Manheim Auctions is a wholly owned subsidiary of Cox Enterprises, Inc., with more than 34,000 employees at its 126 auctions and related businesses; in the year 2000, the company auctioned more than 7 million vehicles.

It also facilitates wholesale and retail used-car transactions on the Internet through its Manheim Interactive and AutoTrader.com lines of business.

Manheim Auctions’ corporate headquarters is in Atlanta, and its Web site is at www.manheimauctions.com.